Tenable Network Security Japan K.K. Tenable acquires security leader Indegy for OT
Tenable Network Security Japan K.K.
Tenable acquires security leader Indegy for OT
Cyber security market leader develops industry’s first risk-based integrated platform for IT and OT security
* This release is an abstract version of a press release announced in the United States. Please refer to the following URL for the original text.
https://www.tenable.com/press-releases/tenable-acquires-operational-technology-security-leader-indegy Tenable (R), Inc. (“Tenable”, location: Columbia, Maryland, CEO: Amit Yoran), today, is the leader in industrial cybersecurity, Indegy Ltd. Announced the acquisition. Indegy is a company that provides visibility, security and control in Operational Technology (OT) environments.
■ Comment from Tenable Chairman and CEO Amit Yoran
“For every company in every industry, OT is part of the latest attack surface. The CISO is required to work with IT to protect OT systems, but in the same way as IT risk. OT lacks the visibility and technology needed to manage and measure cyber risks, and Tenable and Indegy have joined forces to unite the two companies that pioneered IT
vulnerability management and industrial cybersecurity And the industry ’s first risk-based integrated view of IT and OT security, which will greatly change the way security and executives make strategic decisions about OT risk, Implement Tenable’s Cyber Exposure strategy to help organizations understand and mitigate cyber risks across modern attack surfaces. It has a very important meaning in terms of The Working with Indegy, Tenable’s rich expertise and intelligence on OT is further enhanced, and Tenable’s ability to specialize in OT, from vulnerability management to asset inventory, configuration management, and threat detection, is enhanced. Tenable works with the Indegy team and looks forward to the next wave of IT and OT fusion. ”
■ Comment from Indegy co-founder and CEO Barak Perelman
“When we founded Indegy, we carried out our mission of protecting industrial networks through cybersecurity expertise and hands-on OT experience, and developing products that solve the most challenging industrial cybersecurity challenges. We are pleased to be able to accelerate this mission by becoming a part of Tenable, a tenant IT cybersecurity leader with a proven track record of reliable brands and product innovation. We look forward to working with the Tenable team and bringing OT cyber capabilities to a broad customer base. ”
■ OT Cyber security risk is a serious business risk
In the digital age, OT cybersecurity risk is a serious business risk. Not only is the frequency of OT attacks increasing, but the impact of OT security events can have a profound impact on business operations. This extends beyond information leakage to equipment damage, employee safety concerns, or serious environmental incidents. A recent study by Ponemon Institute and Siemens shows that the majority of organizations view cyber threats as a greater risk for OT environments than IT. In today’s OT environment, where businesses consolidate business data to optimize costs and accelerate innovation, IT connectivity is increasingly strong. As a result, in many cases, CISOs need to manage complex, delicate and large attack surfaces without visibility into the OT environment.
Tenable and Indegy provide the following features on a single platform: Risk-based measurement: IT, OT assessment, trend analysis, and benchmarking through Tenable Lumin (TM), Cyber Exposure’s advanced visualization, analysis and measurement solution. Organizations can make more comprehensive decisions by leveraging Tenable Lumin capabilities to simultaneously measure IT and OT risks while applying dedicated approaches to IT and OT through asset-related policies, metrics and KPIs. You will be able to.
Integrated view of IT and OT vulnerabilities: View and manage OT security issues in parallel with IT vulnerabilities, from evaluation to closed-loop repair verification. OT vulnerabilities now take advantage of Tenable’s Predictive Prioritization. Predictive Prioritization applies data science to prioritize OT issues based on vulnerabilities and their potential for exploitation.
• Deep intelligence into the OT environment: Indegy provides a deeper understanding of the overall OT device, including multi-vendor components and how they relate to each other, enabling more accurate and comprehensive management.
IT and OT vulnerability assessment: Through deep OT device
intelligence, Indegy has devised and patented a safe and non-intrusive method that brought active analysis to OT devices in parallel with passive monitoring. Indegy’s assessment approach, along with Tenable’s agent-based scanning, active analysis and passive monitoring, creates the most accurate and comprehensive vulnerability dataset in the industry.
OT-specific process management: Both security and plant operations teams can leverage Indegy’s superior OT asset inventory, configuration and threat detection capabilities in addition to vulnerability management.
The Indegy Industrial Cybersecurity Suite integrated with Tenable.sc (TM) for on-premises vulnerability management is now available. Tenable.io (R) for cloud-based vulnerability management and the integration of Tenable Lumin and Indegy will be available in the first half of 2020.
-Participate in the webinar: 11:00 am on December 17, 2019 (Eastern Standard Time) (English)
・ Schedule the demo
■ Financial impact
Tenable has completed a $ 78 million transaction today in cash. This is subject to customary purchase price adjustments.
Indegy’s financial results are not expected to have a significant impact on our fourth quarter 2019 revenues and current estimated sales performance. Our non-GAAP net loss and non-GAAP net loss per share for the fourth quarter of 2019 are expected to increase by approximately $ 2 million and $ 0.02 per share, respectively.
In connection with this transaction, we expect to incur certain transaction related costs in the range of $ 15 to $ 17 million, primarily related to the remittance of acquired intellectual property and other transaction costs. These costs are incurred virtually once and are expected to increase our net GAAP loss per share in the fourth quarter of 2019 in the $ 0.15 to $ 0.17 range.
■ About management’s conference call
電話 A conference call will be held at 4:30 pm (Eastern Standard Time) on December 2, 2019 to discuss this transaction. A live webcast of the event can be found in “Investor Relations” on our website. Live dial-in is possible (Domestic: 1-877-407-9716, Overseas:
1-201-493-6779). It can be replayed on the Tenable Investor Relations website (https://investors.tenable.com) until December 16, 2019 at 11:59 pm Eastern Standard Time.
■ Statement for the future
This press release contains a forward-looking statement for the purpose of the “Safe Harbor” clause of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including statements regarding the acquisition of Indegy, statements regarding the potential benefits of acquisitions, our possible or anticipated business strategies, potential Growth opportunities and new products, potential market opportunities and Tenable’s projected future financial performance, as well as the fourth quarter operating results ending December 31, 2019, are forward-looking statements, Represents our views as of the date of this press release. The terms “predict”, “believe”, “continue”, “estimate”, “expect”, “intended”, “possible”, “to be”, and similar expressions all consider the future Is to identify the statement.
We have current expectations regarding our financial situation, operating results, business strategy, short- and long-term business operations and objectives, and future events and economic trends that we believe will affect our financial needs. We are making a statement that takes this future into account based on predictions. These forward-looking statements are subject to numerous assumptions, risks and uncertainties, many of which are accompanied by factors or circumstances beyond our control that affect our financial results. This includes risks related to various factors such as: our ability to properly integrate Indegy’s operations, our plans, expectations and other expectations related to Indegy’s business. Our ability to realize the expected profit from the acquisition of Indegy (including the possibility that the expected profit from the acquisition will not be realized or within the expected period), business relationships and operational Difficult to maintain
Disruptive acquisitions, adverse effects of acquisitions based on the market price of our common stock or our operating performance, unknown debt, attract new customers, maintain and expand our existing customer base, Our ability to expand and update the platform to address customer needs and rapid technological changes, increased competition in the market, our ability to compete effectively, expansion of operations, and global adoption of our platform Increase. Additional risks and uncertainties are detailed in the Form 10-K annual report for the year up to 31 December 2018, the Form 10-Q quarterly report for the quarter until September 30, 2019, And other documents prepared by us from time to time (available from the SEC website sec.gov) in “Risk Factors” and “Management Discussion and Analysis on Financial Position and Operating Results” . In addition, we are very competitive and rapidly changing.
Operating in a changing environment. New risks are constantly occurring. It is impossible for our management to predict any risk. In addition, it is impossible to determine the impact of all factors on our business. In addition, the actual results resulting from any factor or combination of factors may differ from the results included in our forward-looking statements. In light of these risks,
uncertainties and assumptions, future events and trends discussed in this press release may not occur, and actual results may be predicted or implied in forward-looking statements. Results may vary
significantly or may be disadvantageous. Unless required by law, we will update these forward-looking statements from the date of this press release, or the actual results will differ materially from those predicted in the forward-looking statements. In that case, the duty to explain the reason is
There is none.
Non-GAAP financial measurement
This press release includes references to non-GAAP net loss and non-GAAP net loss per share. These are the metrics we provide to deepen investors’ overall understanding of our financial performance, and are financial information prepared and presented in accordance with generally accepted accounting principles (GAAP) in the United States. Should not be considered as an alternative to or considered superior to the financial information in question. For companies that issued October 29, 2019 reporting financial results for the quarter to September 30, 2019 for an explanation of these non-GAAP assessments, their limitations and adjustments to the most similar GAAP financial measures See the press release.
■ About Tenable
Tenable (R), Inc. is a company that provides Cyber Exposure solutions. More than 27,000 organizations worldwide use Tenable to accurately understand and mitigate cyber risks. Tenable, the developer of Nessus (R), is developing the world’s first security platform that can further expand vulnerability expertise and manage and protect digital assets on any computing platform. Tenable customers include more than half of Fortune 500 companies, more than 25% of Global 2000, and large government organizations. For more information, visit tenable.com.
[Outline of US Tenable Company]
Trade name: Tenable Network Security
Representative: Amit Yoran Amit Yoran
Address: 7021 Columbia, Gateway Drive Suite 500 Columbia, MD 21046 [About Tenable Company]
Trade name: Tenable Network Security Japan K.K.
Address: 1-6-5 Marunouchi, Chiyoda-ku, Tokyo
Marunouchi North Exit Building 9th floor
For more information about this release(Japanese):
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